Business
ADP Bags Agric Merit Award
The Rivers State Agricultural Development Programme (ADP) has been honoured with an award of excellence for piloting the agricultural development of the state to a greater height.
The award was given to ADP by the Rivers State Ministry of Agriculture in commemoration of the World Food Day celebration, organised by the ministry recently in Port Harcourt.
Presenting the award certificate to the programme manager Barr Luke Nmehielle, the Rivers State Commissioner for Agriculture, Emma Chinda re-affirmed that the long over due payment of counterpart firm contribution to the ADP by the state government signals the commitment of government to increase agricultural production in the state.
He opined that with this laudable gesture of government, ADP programmes such as National Special Programme for Food Security (NSPFS), Root and Tuber Expansion Programme (RTEP), Community Based Natural Resource Management Programme (CBNRMP) and Fadama III that touch on the lives of the rural populace of the state will start yielding fruits.
While commending the efforts of ADP in complementing the contributions of the state government toward food security in the state, he added that the micro-credit scheme of the state government through the micro-finance banks was designed to assist farmers and fisher folk obtain credit facility for increased agricultural production.
Support, he said, was also given to large farm establishments and co-operatives by the state ministry of agriculture to access the commercial agricultural credit facility put in place by the federal government and facilitated by the Central Bank of Nigeria, with a view to boosting food production in the state.
ADP Programmed Manager Barr Luke Nmuhielle who spoke to The Tide shortly after receiving the award, said the agricultural activities in ADP is geared toward manifesting the policy thrust of the state government on agriculture with a view to boosting food production in the state.
He commended the Rivers State Governor, RT. Hon Chibuike Rotimi Amaechi for repositioning agriculture in the scheme of things especially, the payment of arrears of counterpart funds contributions to all ADP programmes, saying that in the past agriculture was neglected by past governments, thereby denying the state from benefiting from Federal Government/World Bank agric initiative funds.
He re-affirmed ADP’s preparedness to play a leading role in the development of the agric sector of the state economy.
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BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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